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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Tom Pulley who wrote (83389)9/4/2002 12:06:34 AM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
Bobby, what are your charts telling you today? We seem to be at a critical point here...........is this a correction in the month-long uptrend or are we on our way down to see new lows?
The technical indicators in my model are all over the place right now <<

my charts and indicator are saying the same thing, today leaned the charts to a new low in the scary months, we lost the inverse h&S on the spx,

the put/call averages have turned back up, the vix has turned back up, bearish sentiment has taken back control.

and there is still this, there has been no worry yet during this huge bear market slide about systemic financial risk, like 98.

stockcharts.com[e,a]dbclyiay[d19940722,20020922][pb50!b200][vc60][iUb14!Ld20][J5198976,Y]&pref=G

aack!



To: Tom Pulley who wrote (83389)9/4/2002 12:35:24 AM
From: bobby beara  Respond to of 99985
 
this kind of stuff has been a good st trend changer (ms-nbc covers)

a799.ms.akamai.net,

it was a lot more reliable about a year ago, during the last slide we got a lot of those and after a short rebound the market just kept collapsing.